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Tuesday, June 29, 2010

Still No 2010 Proof Gold and Silver Eagles

The US Mint has announced the release dates for their "remaining" 2010 products. The collectible Proof and Uncirculated 2010 Gold Eagles and 2010 Silver Eagles are still missing from the schedule, although the US Mint still preserves a glimmer of hope that these popular products might be produced.

The updated schedule includes exact on-sale dates for all previously listed products (although the dates are still stated as tentative). No new products have been added to the schedule, although I would have thought that the US Mint would release the "new" America the Beautiful Quarter Products this year. It's possible that they will be added to the scheduled later.

The 2010 Proof and Uncirculated Gold and Silver Eagles are listed on the schedule as "TBD." The US Mint has provided the now familiar explanation about the status of the products:
*Public Laws 99-61 and 99-185 mandate that the United States Mint mint and issue its American Eagle Silver and Gold Bullion Coins "in quantities sufficient to meet public demand..." There is no corresponding legal requirement to mint and issue the proof and uncirculated coins in quantities sufficient to meet public demand. The bureau, however, is continuing to work with current and potential blank suppliers to increase the supply of silver and gold blanks in amounts that may make it possible to offer the proof and uncirculated versions of American Eagle Silver and Gold Coins in 2010.
I suppose its somewhat favorable that the US Mint has not yet ruled out the offerings completely. At the ANA National Money Show in Fort Worth Texas held March 25-27, 2010, US Mint Director Edmund Moy raised the possibility that the 2010 Proof Silver Eagle would be canceled, citing demand for bullion coins. After that announcement, many collectors already began assuming that the cancellation was a foregone conclusion.

The 2009 Proof and Uncirculated Gold and Silver Eagles were finally announced as canceled in October.

The updated release schedule for 2010 US Mint Products is shown below:

Presidential $1 Coin & First Spouse Medal Set - Pierce 6/24/2010
Franklin Pierce $1 Coin Cover 07/01/10
2010 United States Mint Uncirculated Coin Set 07/15/10
2010 United States Mint Proof Set 07/22/10
Yosemite Quarter Bags and Two-Roll Sets 07/26/10
2010 American Eagle One Ounce Platinum Proof Coin 08/12/10
James Buchanan Presidential $1 Coin Rolls 08/19/10
2010 United States Mint Silver Proof Set 08/26/10
Buchanan's Liberty First Spouse Gold Coins 09/02/10
Buchanan's Liberty Bronze Medal 09/02/10
Grand Canyon Quarter Bags and Two-Roll Sets 09/20/10
Presidential $1 Coin & First Spouse Medal Set - Buchanan 09/23/10
James Buchanan Presidential $1 Coin Cover 09/30/10
Mount Hood Quarter Bags and Two-Roll Sets 11/15/10
Abraham Lincoln Presidential $1 Coin Rolls 11/18/10
Mary Todd Lincoln First Spouse Gold Coins 12/02/10
Mary Todd Lincoln Bronze Medal 12/02/10
First Spouse Bronze Four-Medal Set 12/02/10
Presidential $1 Coin & First Spouse Medal Set - Lincoln 12/23/10
Abraham Lincoln $1 Coin Cover 12/30/10
2010 American Eagle Silver Proof Coin TBD
2010 American Eagle Silver Uncirculated Coin TBD
2010 American Eagle Gold Proof Coin TBD
2010 American Eagle Gold Uncirculated Coin TBD
Coin Update News: Latest Weekly US Mint Sales Report

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